Milacron Holdings Corp. (NYSE:MCRN) Files An 8-K Other Events

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Milacron Holdings Corp. (NYSE:MCRN) Files An 8-K Other Events

Milacron Holdings Corp. (NYSE:MCRN) Files An 8-K Other Events
Item 8.01

Other Events.

On July 1, 2019, Milacron Holdings Corp. (the “Company”) completed the sale of substantially all of its Uniloy blow molding business. The sale was completed to an Asset and Share Purchase Agreement, dated as of May 11, 2019, between the Company and OC Spartan Acquisition, Inc., an entity backed by Osgood Capital Group LLC and Cyprium Investment Partners LLC, which agreement was previously reported in the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on May 14, 2019.

The Company issued a press release on July 2, 2019 announcing the closing of the aforementioned sale. A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1.

Item 9.01.     Financial Statements and Exhibits.

(d)

Exhibits

Exhibit No.

Description

99.1

Press release dated July 2, 2019


Milacron Holdings Corp. Exhibit
EX-99 2 ex991.htm EXHIBIT 99.1 Converted by EDGARwiz EXHIBIT 99.1 News Release July 2,…
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About Milacron Holdings Corp. (NYSE:MCRN)

Milacron Holdings Corp. is engaged in the manufacture, distribution, and service of engineered and customized systems used in the plastic technology and processing industry. The Company operates through three segments: Advanced Plastic Processing Technologies (APPT), Melt Delivery and Control Systems (MDCS), and Fluid Technologies (Fluids). The APPT segment is engaged in the manufacture, distribution and service of equipment and products used in the plastic technology and processing industry, including injection molding, blow molding and extrusion applications. The MDCS segment is engaged in the manufacture of plastic delivery and precision control systems, which are recurring, consumable sales for injection molding applications. The Fluids segment is engaged in the manufacture of coolants, lubricants, process cleaners and corrosion inhibitors that are used in a range of metalworking industries, such as cutting, grinding, stamping and forming and high speed machining.